Standard Federal Bank for Savings in Chicago, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 04, 1997

  • Standard Federal Bank for Savings in Chicago, Illinois (IL)
  • Show street view No street view available for this location

Standard Federal Bank for Savings - Overview

  • General
  • FDIC Certificate #: 28054
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: TCF NATIONAL BANK ILLINOIS (#27870)
    Federal Reserve ID: 925774
    Date Established: January 01, 1909
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 807
    FDIC's unique #: 40888
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: December 26, 1934
    Last Structure Change Effective Date: September 04, 1997
    Last Structure Change Process Date: September 22, 1997
    Last Data Update: September 22, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 4192 South Archer, Chicago, IL 60632
    County: Cook
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Chicago
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Chicago, IL (#1600)
    Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
    Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
    Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
    Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
  • Financial Summary
  • Total assets: $2,520.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $481Total assets
  • $2,351,014Cash and due from depository institutions
  • $45,200Interest-bearing balances
  • $25,684Securities
  • $751,203Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $1,486,394Loan loss allowance
  • $6,988Trading account assets
  • $0Bank premises and fixed assets
  • $27,267Other real estate owned
  • $70Goodwill and other intangibles
  • $40,051Life insurance assets
  • $829All other assets
  • $0Total liabilities and capital
  • $2,351,014Total liabilities
  • $2,149,387Total deposits
  • $1,744,566Interest-bearing deposits
  • $1,717,468Deposits held in domestic offices
  • 1744566.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $394,611Subordinated debt
  • $0All other liabilities
  • $10,210Total equity capital
  • $10,210Total bank equity capital
  • $201,627Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $84,036Undivided profits
  • Memoranda
  • $117,590Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,432Income earned, not collected on loans
  • $7,992Earning assets
  • $2,263,281Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,202,589Average Assets, quarterly
  • $2,319,088Volatile liabilities
  • $562,682Insider loans
  • $579FHLB advances
  • $385,000Loans and leases held for sale
  • $0Unused loan commitments
  • $84,267Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $199,398Total risk weighted assets
  • $961,627Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $162,126Total interest expense
  • $104,700Net interest income
  • $57,426Provision for loan and lease losses
  • $2,500Total noninterest income
  • $7,197Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $7,197Total noninterest expense
  • $50,544Salaries and employee benefits
  • $19,064Premises and equipment expense
  • $8,620Additional noninterest expense
  • $22,860Pre-tax net operating income
  • $11,579Securities gains (losses)
  • $1,398Applicable income taxes
  • $3,867Income before extraordinary items
  • $9,110Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,110Net charge-offs
  • $539Cash dividends
  • $13,000Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.66%Cost of funding earning assets
  • 4.95%Net interest margin
  • 2.71%Noninterest income to earning assets
  • 0.34%Noninterest expense to earning assets
  • 2.39%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 0.59%Return on equity (ROE)
  • 4.56%Retained earnings to average equity (YTD only)
  • -1.95%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 463.82%Efficiency ratio
  • 78,003Assets per employee
  • 4.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 142.70%Loss allowance to loans
  • 0.47%Loss allowance to noncurrent loans
  • 157.67%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 85.20%Net loans and leases to core deposits
  • 94.28%Equity capital to assets
  • 8.58%Core capital (leverage) ratio
  • 8.49%Tier 1 risk-based capital ratio
  • 20.74%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $2,202,589Average earning assets
  • $199,610Average equity
  • $2,115,935Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Standard Federal Bank for Savings.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents